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Re: shortinterest post# 302

Friday, 06/20/2008 11:10:59 AM

Friday, June 20, 2008 11:10:59 AM

Post# of 791
Unfortunately, I have first hand experience with this action. I had renewed a corporation in Delaware (following all of the rules) even getting proxies from the previous management team and shareholders. Had every intention of filing a Form 10 and moving to the AMEX. Trading was mysteriously halted one afternoon and I went to some effort to contact the appropriate people at SEC and they faxed the action to me. The registered agent was notified as well. Interestingly, the broker I used was clueless. Had to go to pinksheets.com to get the skinny. My partner focuses on the SEC enforcement pages but he is currently out. Can assure you that every revocation is listed somewhere on their site. Hope that is not what has happened but sounds way too familiar.